The sports betting industry in the United States posted a record $13.71 billion in 2024 revenue, with legal sportsbooks ...

For the fourth time, American lawmakers are campaigning to eliminate tax on sports wagering, which they claim is outdated.

We cover everything to do with taxes on gambling winnings in the US, including claiming losses & what happens if you don’t ...

Is gambling legal in China? Though it isn't legal, there are some interesting exceptions and a huge appetite for gambling in ...

A Hawaii sports betting bill took another step forward by passing its second committee in the state without any legal ...

Amid sports betting boom, a new study found a 23% jump in people searching for the phrase: "Am I addicted to gambling?" ...

Members of the Texas Senate and House filed joint resolutions this month proposing amendments to the state's constitution ...

GeoComply reported that 17,000 sports betting accounts created in legal wagering states were accessed in Texas during Super ...

Sen. Richard Blumenthal and Rep. Andrea Salinas have reintroduced legislation using US sports betting taxes to tackle ...

With the new legislative session underway, a state representative is renewing his call to legalize sports gambling in ...

"It's taxable income," said Matthew Foreman, a tax attorney and partner at law firm Falcon Rappaport & Berkman. The winnings are income even if the prediction platforms don't send a notice formally ...